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people say there were problems under steve jobs as well but people did not care. he got the benefit of the doubt. i remember a metric was off but somehow he got the benefit of the doubt. maybe that was initially but not anymore? >> i would add to that. steve jobs created the benefit of the doubt a distortion field the uncanny ability to focus on what he wanted us to apple had them that the mail service in the and 10 dead didn't work steve jobs had the temerity to say people are not using it correctly but he got us to focus elsewhere and apple was smoke they smaller it is more important now. >> now apple has apologized and people are saying maybe that was a mistake. i find it extremely difficult to criticize tim cook to have the courage and the class to apologize for a problem. i and stand the criticism. to operate a much more erred global scale than apple ever has. i can only applaud the ceo to save the have screwed up go use the competitor's product until then it is a good thing. charles: you watch the stock. late the it looks funny. everybody has a $900,000 targ
people say there were problems under steve jobs as well but people did not care. he got the benefit of the doubt. i remember a metric was off but somehow he got the benefit of the doubt. maybe that was initially but not anymore? >> i would add to that. steve jobs created the benefit of the doubt a distortion field the uncanny ability to focus on what he wanted us to apple had them that the mail service in the and 10 dead didn't work steve jobs had the temerity to say people are not using...
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Oct 7, 2012
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. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each other or we must die. >> vote or die, pretty relevant. >> john: but pretty unfair. >> he worked on the bush campaign that ran this ad consoling 9/11 victims. >> i took ashley in my arms and embraced her. it was that moment we saw her eyes fill up with tears. >> you are playing this music and we are supposed to vote for this guy because she tears up. >> that is exactly what they did. the ad aired in ohio and it was pivotal. >> john: this ad also was aired. >> more men and women will go to work than ever before in our history. >> i see this ad coming on television. it's this farmer and beautiful pasture. they put their hands over the h
. >> steve murphy worked with dukasis. >> they will not let you ride in the tank without wearing a helmet. >> john: it turned into this commercial. >> do ads like that really work. consultants think they do. they still rave about this ad. it ran only once, they say it changed all campaigns. it was the first negative ad to use fear and raw emotion. >> ten, nine, eight, seven, six, five, four, three, two, one --. >> these are the stakes we must either love each...
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Oct 5, 2012
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to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are right now. >> guys? >> let's say 8%. call it 8% the rate. to pete's point the market wants to continue to go higher. obviously it sold off a little bit in the looft few minutes. understood. i still adhere to my comments the market doesn't give me this the long sell the highs which do i believe we have to push towards 1500, 1525 in the s&p and names we've hammered home. home depot at 12 1/2 year high. there are secular stories that continue to work and i believe they will continue network. >> what are you doing with this? >> well, listen, you
to steve's point i would address this. i drove a cadillac -- when i brought my fwal to the prom as not in a pinto it was an el dorado. this 114,000 job number has to stick out to you. we're looking for 140 to 150,000. 114 is not a great number. >> most guys think that number will be revised. i'm not concerned about the 114, but i'm also not buying the 7.8. that's telling me we're making jobs at 200, 250. i have no problem believing the average in the past six weeks, 145 is where we are...
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have the mountain of following that steve jobs has now i think steve cook i mean i'm sorry cook is going to have. a rough time because apple's downfall started before the death of steve jobs because of the competition that came from google's android but there's a tale so you don't see the full of. after the fact and then after the fact is after steve jobs i mean i'm sorry to take the man to the c.e.o. yeah you know but because it affects you know he's going to get you're going to be for tim cook and everything is everything blamed on this poor guy and then steve jobs is day if i buy the cold follower exactly and some analysts so i want you to stay right there we're going to have more with you after the break we've got to take a quick one though but we'll have more with entrepreneurial investor reggie middleton and still ahead two you've heard about the thousands of people who are out of work or searching for jobs but into ninth word of the day we'll talk about the real unemployment rates and why the numbers you see in the news headlines don't work like that actual amount of people who ar
have the mountain of following that steve jobs has now i think steve cook i mean i'm sorry cook is going to have. a rough time because apple's downfall started before the death of steve jobs because of the competition that came from google's android but there's a tale so you don't see the full of. after the fact and then after the fact is after steve jobs i mean i'm sorry to take the man to the c.e.o. yeah you know but because it affects you know he's going to get you're going to be for tim...
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Oct 8, 2012
10/12
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how about it, steve, how are you playing it? >> first of all, scott, i have to pay off a debt to dave. he kicked my butt on the golf course. he rallied big. i'll get him next week. as far as the market goes, though, here's what i would say. earnings for the third quarter everybody knows they are going to be terrible. my daughters know they will be terrible, my dogs know it's going to be terrible. that's discounted in the market which will drive the market from here is the fourth quarter guidance and guides for 2013 and those are still very robust numbers in the s&p if they don't the major companies report don't take a hatchet to those earnings forecasts. so i think they will be okay. spain is the big issue. they will come in and ask for a bailout which is why a lot of credit funds are working today because maybe it was today. >> you're nothing if not a name dropper, right? i'm glad you don't throw out the names of the high rollers that you roll with. >> you judge by the company you keep. which is why i'm sitting as far away from
how about it, steve, how are you playing it? >> first of all, scott, i have to pay off a debt to dave. he kicked my butt on the golf course. he rallied big. i'll get him next week. as far as the market goes, though, here's what i would say. earnings for the third quarter everybody knows they are going to be terrible. my daughters know they will be terrible, my dogs know it's going to be terrible. that's discounted in the market which will drive the market from here is the fourth quarter...
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Oct 3, 2012
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let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers. i think i wouldn't be surprised if it came in a little soft. >> kate, do you agree with that? if so, is this priced into the market? >> yes, absolutely priced in, maria. great question. what they're going to expect is for it to be terrible. if it isn't terrible, we'll see a rally. what matters most to this market is earnings. we're in pre-earnings disappointment season where we're going to float a little bit until earnings come out. we've seen a friend where earnings have beat expectations. we've gone down to earnings, earnings beat expectations, then we've had a good rally. i thin
let me get your take, steve. on the jobs report on friday, what should we expect? >> i think it's going to come in lighter than the adp. the adp has been a poor indicator of the jobs number. i think there's a reason the fed gave us qe-3, because they saw the softness in the labor market. i think it could come in a little on the weak side. more importantly, the official jobs number is the revisions backwards. they've been going back through previous months and knocking down those numbers....
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Oct 5, 2012
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here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor force. plug in the numbers. 7.8% unemployment rate gives us -- calculates from 12.1 million unemployed divided by the 155.1 million labor force. you can do that at home, if you like. and now here's what happened this month. okay? the number of unemployed dropped by nearly half a million. down by 456,000. the number of employed in this household survey up by 873,000. but wait, because the one thing we're watching here is the number of people who were employed but were part-time but they wanted full time work. we call it for economic reasons. up by 582,000. that's the third september
here to explain all of that, our senior economics reporter steve leisman. steve? >> sue, thanks very much. sue, this number is a product of simple math. but whether it's telling us about the real strength of the job market is something investors and the fed are going to have to think long and hard about. take a look at how we got here. first a little bit of the math. the unemployment rate is calculated by essentially taking the number of unemployment and simply dividing it by the labor...
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Oct 5, 2012
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zuckerberg is friendly with apple's ceo tim cook and was inspired by apple's late founder, steve jobs. >> what was the thing that you observed about steve jobs that makes a difference in your life as a corporate executive every day? >> i mean, he was just so focused right? for him the user experience was the main thing that mattered the only thing that mattered. and i think that there is a lot that every company can learn from that. >> last weekend, apple sold about 5 million of their new iphone 5s. did you buy one? >> tim sent one to me. >> you got a freebie? you didn't have to pay anything? are you an iphone 5 user? >> i think i handed my phone before this interview. but i use all of them. right? so i'm -- >> are you just not playing favorites here? >> if you think about it, iphone is a great platform. there are more people who use facebook on android. it's a diverse ecosystem and we build for all of the things. >> the place where facebook does its building is the former sun microsystems complex near san francisco bay. from high above you can see the word hack imprinted on the walk
zuckerberg is friendly with apple's ceo tim cook and was inspired by apple's late founder, steve jobs. >> what was the thing that you observed about steve jobs that makes a difference in your life as a corporate executive every day? >> i mean, he was just so focused right? for him the user experience was the main thing that mattered the only thing that mattered. and i think that there is a lot that every company can learn from that. >> last weekend, apple sold about 5 million...
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Oct 5, 2012
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that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be. john is in washington. good morning, john. >> good morning. i think his message will be one we've heard from the administration which is first of all they are delighted by the news. delighted the rate is under 8%. delighted the august numbers were revised upward. but also have a tempered tone and say we got a lot of work to do because we do as one economic analyst told my colleague at the "new york times" earlier today this economy seems to only have three gears, slow, or reverse. it's not a good economy for president obama to be running with but this is good news. it was good news for the country that just a f
that's the old steve jobs still at work and they need to break with that. >> steve wouldn't you know it the president talks right in the middle of our conversation. i'm going to have to let you go and hopefully we can restart this at a later date. >> that's fine. thank you. i'll defer to the president. >> jim start your talking some apple. as we wait for the president to start talking about the jobs number we'll go to john harwood for a quick preview what his message might be....
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Oct 3, 2012
10/12
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obviously as you remember, steve jobs famously panned the smaller tablets. but people seem to like them. they're serving a purpose. so apple wants to play in that game and they should. that's a smart move. >> but why should they? they already lead in the tablet department with the ipad. why dabble in something that seems to be a fairly sizable risk? >> my guess is they won't dabble. they'll go into it. and the reason it's important, mobile, all of the devices from the iphone to the tablets, are becoming platforms and folks are building apps on top of them, you standardize your household and your work around a particular operating system. in this case i chos. and this will be another one of those. if apple was missing a key device that a lot of people wanted, especially at a price point a lot of people wanted, that could hurt them over the long haul in term hes of market share. so definitely smart for them to play there. the issue is what does it do to their margins. with the mini, you may see this is a much lower margin product than the iphone. >> are they w
obviously as you remember, steve jobs famously panned the smaller tablets. but people seem to like them. they're serving a purpose. so apple wants to play in that game and they should. that's a smart move. >> but why should they? they already lead in the tablet department with the ipad. why dabble in something that seems to be a fairly sizable risk? >> my guess is they won't dabble. they'll go into it. and the reason it's important, mobile, all of the devices from the iphone to the...
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Oct 5, 2012
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he was stepping in there when steve jobs was on his various medical leaves. -- some credit. he is doing fantastic. >> reporter: preorders of the five own 5 surpassed two million in just 4 hours. it is undenialable that jobs laid the foundation to the apple empire. >> his greatest achievement was that he created a company, an organism which lives on and has thrived that has thrived in the hands of his children as it were. there isn't a greater legacy for him if he were around to savor it. >>> we still have plenty ahead, your weather, traffic and all your top stories. >> fox 5 morning news at 4:30 starts now. starts now. fur. >>> that is a live look outside at reagan national airport. lots of lights so that means we can see. no fog, very little humidity but we'll let the expert talk about that in just a second. >> i'm wisdom martin. >> i'm sarah simmons. let's get to tucker barnes to talk about today. >> it is gorgeous. i'm a little distracted by what you have going on behind you there. >> i amalfunction, sort of. >> a little frightened when i saw that. a beautiful friday. lot
he was stepping in there when steve jobs was on his various medical leaves. -- some credit. he is doing fantastic. >> reporter: preorders of the five own 5 surpassed two million in just 4 hours. it is undenialable that jobs laid the foundation to the apple empire. >> his greatest achievement was that he created a company, an organism which lives on and has thrived that has thrived in the hands of his children as it were. there isn't a greater legacy for him if he were around to...
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one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm happy. i'm happy. i'm happy. happy. happy. happy. happy. (together) happy. i love logistics. when you take a closer look... ...at the
one of the largest lenders on the hot seat. >>> and would steve jobs approve of the way ceo steve cook apologized for the so-called mapple gate? much more "squawk on the street." i'm bara ck o bama and i approve i'm bara this message. ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers....
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Oct 2, 2012
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steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political machine in essex county supported james. who was re-elected in. >> i admire bill, but there is nothing in the constitution that says we have a right to have illegal elections. >> i'm not advocating in any way someone who has the right to vote voting one, two, three times. >> in mississippi, come on it is wrong. >> and this is the effort that. >> if you had a voter id requirement it would be hard to keep voting the dead multiple times. >> come on larry, nobody is advocating that. >> i think the elect tore is hop e honest. i went through a situation where m
steve, where do you come out in this? he said what congressman said that the evidence of fraud is very, very small. yet, almost everything else we do in society today requires an id. one of the things i don't understand, you find accusation of voter fraud in democratic primaries in newark, new jersey corey booker's people accused frazier's people of fraud. >> did anyone go to court on th this. >> i know we are talking about new jersey, but please. >> the entire political...
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Oct 1, 2012
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steve liesman joins us from chicago with a very exclusive interview. steve? >> yes, thanks very much. i'm here in chicago with the chicago federal reserve president charlie evans. >> nice to be here. >> a year ago you laid out this idea of pegging policy to unemployment, and to inflation, given what the federal reserve just did, do you feel vindicated and the follow-up to that is do you feel satisfied, is it enough? >> well, last year i was here and i was talking a lot about our dual mandate responsibilities and i mentioned that with the unemployment rate at that time at 9% that was unacceptably high and we need to focus more on our dual mandate responsibilities. i feel good that our most recent statement and policy is focusing on strongly on the labor market, we're looking for substantial improvement in labor market conditions, the criteria for how long we're going to continue with very accommodative policies and that's a step in the right direction. >> a step in the right direction but is it enough? you want the fed to do this for a particular reason, which
steve liesman joins us from chicago with a very exclusive interview. steve? >> yes, thanks very much. i'm here in chicago with the chicago federal reserve president charlie evans. >> nice to be here. >> a year ago you laid out this idea of pegging policy to unemployment, and to inflation, given what the federal reserve just did, do you feel vindicated and the follow-up to that is do you feel satisfied, is it enough? >> well, last year i was here and i was talking a lot...
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Oct 2, 2012
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. >> i'm steve kornacki with the other big story for the style, the fight for the senate. elizabeth warren and scott brown face-off again. >> i'll tell you the right way to watch the debates. you're in "the cycle" for tuesday, october 2nd. >>> we're sizing up the candidates before tomorrow's fight night in denver. "the cycle's" ringside for all the action. the weigh-in is over, and now it's time to enter the ring. in one corner, president obama "no drama" obama and in the other governor williard mitt tens romney. both are keeps expectations low but both step into the ring with plenty of debate experience in the past five years. can either deliver a knockout punch without going below the bench? do we search body punches over job plans? will romney be over the ropes for taxes, bill obama be bum rushed for specifics. will jim lair send them to certain corners. after some debate of our own, we compiled our own list of what to watch. wasn't easy. here's a glimpse into the editorial brainstorm. >> the president has a double-edged sword being the president, because he's got a lot
. >> i'm steve kornacki with the other big story for the style, the fight for the senate. elizabeth warren and scott brown face-off again. >> i'll tell you the right way to watch the debates. you're in "the cycle" for tuesday, october 2nd. >>> we're sizing up the candidates before tomorrow's fight night in denver. "the cycle's" ringside for all the action. the weigh-in is over, and now it's time to enter the ring. in one corner, president obama "no...
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Oct 6, 2012
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so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make one at home with things you have lying around the house. you're going to need a blank piece of paper, some paper clips, a few grabs, a stapler, a stick of gum, some scissors, and a hammer. so let's get started. take your blank piece of paper and make a fold. take one of your paper clips and just clip it like so. like this. make another fold and take a grab, make a puncture, bend the brads back like this. take another fold, take your stapler, give it a punch or two like this, maybe one more fold, use your stapler. a good stapler is always handy. then you're going to take your stick of gu
so bob kerrey is turning to his own endorsement, steve martin. >> hi, i'm steve martin. you probably know me as the actor and comedian. but did you know i'm also a home crafts expert? today i'm going to show you how to make a wad of paper. a wad of paper can be a lot of fun just to play with around the house or maybe toss expertly into a trash can. but who wants to go down to a fancy office building and root around in their dumpster to find a good one. so i'm going to show you how to make...
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Sep 30, 2012
09/12
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FOXNEWSW
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if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted equality of women or any other things. this is a fool's errand and the editorials in the newspapers miss this because they don't have a religious perspective. >> judy, the death, the assassination of our ambassador, of two former seals, of the state department employee, bumps in the road. where was the criticism over that comment? >> i think what the president was talking about was the broader context of the wave of change, and that in the wave of change, there are going to be bumps on the road. he -- i do not think that he meant to suggest an and most people did not interpret it to mean the death of four amer
if steve cross had a follow-up to that, they never aired it. >> that's right, they never follow up with the president. the fundamental flaw in the media's thinking as exhibited, when the president says well, the organizing principle is islam, mr. president, it's not just islam, it's the extremist wing of islam and name me a country other than indonesia and maybe turkey though we don't know exactly where that's going where this fundamentalist islam has been nonviolent, has promoted...
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Sep 30, 2012
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the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was criticism, bumps in the road, where was the criticism in that comment? >> i think the wave in change and in the wave the change there is going to be bumps in in the road. i don't think he meant to suggest and most people did not interpret that the death of four american officials is a bump in the road. but there was so much in that 60 minutes interview, his calling netanyahu insistence on red line noise, there could have been so much followed up and wasn't. i'm really surprised. >> rick: when governor romney delivered his initial response after the attack on consulate in benghazi he was ganged up by the media. they coordin
the fundamental flaw as crypted by steve croft. they say it's not just islam it's the extremist wing of islam and name me another country other than indonesia and turkey where the fundamentalist islam has then nonviolent or promoted women or any other things. the newspapers all missed this because they don't have a religious perspective. >> rick: the assassination of our ambassador and two former seals. where was criticism, bumps in the road, where was the criticism in that comment?...
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Oct 5, 2012
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. >>> today marks one year since the death of apple's ceo steve jobs. jobs, if you recall, died of pancreatic cancer last october. the city ordering the flag be flown at half staff at the civic center today. that's where jobs made his very last public presentation to the city council when he revealed plans for apple's new campus just last june. in a statement, the mayor says, steve grew up and went to school in coupertino and his company and vision grew so our entire community came to realize we can change the world for the better. placing our city's flag at half staff is a small reminder of the profound and very local impact this man had on our community. he was a visionary. >>> new at 11:00. the mother accused of driving off and leaving her 10-year-old daughter behind during a grocery store shoplifting attempt is back in the bay area. she's scheduled for a court appearance this afternoon. we have new video of the 38-year-old walking into the main jail. she was arrested last week near re reno. police say she drove away from a safeway two weeks ago and
. >>> today marks one year since the death of apple's ceo steve jobs. jobs, if you recall, died of pancreatic cancer last october. the city ordering the flag be flown at half staff at the civic center today. that's where jobs made his very last public presentation to the city council when he revealed plans for apple's new campus just last june. in a statement, the mayor says, steve grew up and went to school in coupertino and his company and vision grew so our entire community came to...
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Sep 30, 2012
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steve works for a medical equipment company but on the side you tried to block about nutrition? >> you given vice and what happened? >> was told by the state i should stop giving nutritional advice. john: they even printed with the red lines. this is why because you give the advice and may not without a license. >> wide why have to tell people to be to meats and vegetables and tell all diabetics to reduce carbohydrates? john: so you contacted the institute for justice. paul sherman you are a lawyer? >> we litigate across the country one area is the first amendment. we were excited because this raises the most important and answer questions when happens when they regulate occupation complex with free-speech? john: more and more all the time. >> it would have cost him thousands of dollars and taken years of his life for dietitian license. 50 years ago on a 5% a the license from the government now it is 30% and continues to increase. john: you would have to get 900 hours of apprenticeships get the nutrition board said they would monitor. you stop to. because they could put you in j
steve works for a medical equipment company but on the side you tried to block about nutrition? >> you given vice and what happened? >> was told by the state i should stop giving nutritional advice. john: they even printed with the red lines. this is why because you give the advice and may not without a license. >> wide why have to tell people to be to meats and vegetables and tell all diabetics to reduce carbohydrates? john: so you contacted the institute for justice. paul...
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Oct 1, 2012
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we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think there are great opportunities going toward the fourth quarter. i am looking at certain areas i want to remine offensive and remain opportunistic and i am looking at certain names i know you like as well and i still think apple is under valued and goes higher. that's one of the names i would point out. if our on the defensive side i am looking at the big pharma names where you are looking at the valuation and the yield as well as the big money center banks and i would also stick with something like a kkr, black stone, and a lot of students depending how aggressive or offensive or defensive you want to be.
we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think...
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Oct 2, 2012
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. >> steve and rick, get along, would you? okay. where were we, maria? how's san francisco? >> everything's good. it's gorgeous here. i didn't realize how hot it would be. we're following the oracle story. they made some big announcements here about the cloud. we have a market that is about to really focus on fundamentals, i think. >> we were down about 90 points at the low. the dow is down 66 now with about 55 minutes to go today. >> don't go anywhere. we've got much more ahead on this huge edition of the "closing bell." >>> coming up, shooting from the lip. outspoken and controversial former yahoo! chief carol barts weighs in on the future of the tech giant and whether it's heading in the right direction. >>> plus, the oracle of oracle. maria sits down for an exclusive interview with larry ellison. what game changing products does the firm have in the pipeline, and what will the free-spirited ceo buy next? find out straight ahead. >>> and class action. in another exclusive, the man in charge of settling claims against convicted sexual offender jerry sandusky talks to maria
. >> steve and rick, get along, would you? okay. where were we, maria? how's san francisco? >> everything's good. it's gorgeous here. i didn't realize how hot it would be. we're following the oracle story. they made some big announcements here about the cloud. we have a market that is about to really focus on fundamentals, i think. >> we were down about 90 points at the low. the dow is down 66 now with about 55 minutes to go today. >> don't go anywhere. we've got much...
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Oct 6, 2012
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steve jobs left a big legacy. all good news for apple fans, investors and the future of silicon value. the bottom line for any company is this, products in the hands of loyal customers. >> we haven't been raesing on our lawyers. >> it's what steve jobs did west and what apple continues to do today. >> there is no question in my mind that apple was totally prepare forward the loss of steve jobs. >> this is iphone 5. >> a year later apple is selling iphones and ipads faster than ever. >> good. i would use it in the future. i'll use it in college. >> it's stock price is up about 70% and technology executives all over silicon valley talk about how jobs influences the way they do business. >> he was so focused. for him, use your experience with a man saying the only thing that mattered. i think there's a lot that every company can learn from that. >> doesn't surprise me that mark zukle berg, a lot of start-ups. you have somebody that made that level of success you glean from it. technology married with liberal arts, th
steve jobs left a big legacy. all good news for apple fans, investors and the future of silicon value. the bottom line for any company is this, products in the hands of loyal customers. >> we haven't been raesing on our lawyers. >> it's what steve jobs did west and what apple continues to do today. >> there is no question in my mind that apple was totally prepare forward the loss of steve jobs. >> this is iphone 5. >> a year later apple is selling iphones and ipads...
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Oct 5, 2012
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. >> today millions of apple fans will mark the one year anniversary of the death of steve jobs. the death of apple's co-founder raised doubts about the company's future. apple has had a record year. now the most valuable company ever. tim cook post this letter on apple.com overnight paying tribute to jobs. he writes our values originated from steve and his spirit will forever be the foundation of apple. we share the great privilege and responsibility of carrying his legacy into the future. >> anderson cooper is striking back against star jones. she suggested that cooper reveal he's gay back in july in order to boost the ratings for his talk show. on tuesday cooper accused jones of being a hypocrite. >> star jones said after i scene this e-mail, star jones said this was a ratings ploy by me to get boost ratings. >> yes. >> i think you call her hocking her wedding every single day to get free products when she was on "the view." for her to suddenly emerge out of the shadows and suddenly attack me for this, i couldn't believe it. my mom was like who is star jones? [ laughter ] >> "
. >> today millions of apple fans will mark the one year anniversary of the death of steve jobs. the death of apple's co-founder raised doubts about the company's future. apple has had a record year. now the most valuable company ever. tim cook post this letter on apple.com overnight paying tribute to jobs. he writes our values originated from steve and his spirit will forever be the foundation of apple. we share the great privilege and responsibility of carrying his legacy into the...
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Oct 5, 2012
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steve, what do you think? is this historically the time during the campaign, the conventions are over, when the candidates both kind of come back to the center and stop flinging the red meat to try and talk right down the middle? >> there's a very important difference between how obama is approaching going after the middle in this campaign and how he did in his presidency and what romney is now doing. the story line from pundits and the press now is romney is moving to the middle. that's certainly the tone of what he did in the debate. that's the tone his rhetoric. it was centrist. the question is whether it's obama sounding like a centrist in the debate or romney sounding like a centrist in the debate. is it backed up by substance? on romney's side the answer is flatly now. if you look at the policies which he did not want to get into on wednesday night, they are not centrist in any way. we had in the clip saying pre-existing conditions are covered under the plan. of course you want to say that. that's a cent
steve, what do you think? is this historically the time during the campaign, the conventions are over, when the candidates both kind of come back to the center and stop flinging the red meat to try and talk right down the middle? >> there's a very important difference between how obama is approaching going after the middle in this campaign and how he did in his presidency and what romney is now doing. the story line from pundits and the press now is romney is moving to the middle. that's...
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Oct 8, 2012
10/12
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i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the winter blend will allow the refiners reduce 10% of gasoline. that's like adding another refinery to the market. >> how much is this the structure of refining in that state. why is this happening? >> well, the evidence points towards refining problems. a fire at the chevron richmond refinery in august. power bumped knocked exxonmobil off line last monday. two of the big reasons. and then, of course, this is a difficult market to resupply from long distance. we're sort of an island. when there's a sudden supply short fall it's tough to get addi
i look forward to hearing from steve. as we heard from jane wells california drivers are fuming after a spike in gas prices last week sent prices up past $5 a gallon. the governor now has called for the immediate release of a cheaper but less environmental friendly blend of gas to help bring prices down. david hackett is an energy consultant in irvine, california. he joins us from there. good to see you, david. good morning. is this the solution? >> this is a great step. going to the...
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Oct 2, 2012
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apple with steve jobs. apple without steve jobs. apple with steve jobs. so it leadership important? i think it's really important. i think the board made a terrible mistake, turned out to be a huge disservice to hp employees. the company hp i love. everyone who's raised in silicon valley thinks of hp as an icon. they deserve the best leadership, and mark was providing it. these guys aren't easy to replace. >> and you're providing it here. i don't even want to think about oracle without larry ellison. >> well, again, we have a lot of depth. now we have mark. you guys don't want mark? we'll take him. we've got mark. we've got safra. we've got, you know, thomas and john and larry too. so it's a good team. >> take a short break, larry. we're going to continue our conversation. we're going to talk about allocating capital in a different way. stay withi inus. larry ellison joining us on "closing bell" after this. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#:
apple with steve jobs. apple without steve jobs. apple with steve jobs. so it leadership important? i think it's really important. i think the board made a terrible mistake, turned out to be a huge disservice to hp employees. the company hp i love. everyone who's raised in silicon valley thinks of hp as an icon. they deserve the best leadership, and mark was providing it. these guys aren't easy to replace. >> and you're providing it here. i don't even want to think about oracle without...
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Oct 5, 2012
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>> steve: yes. daniel's a close second. >> jimmy: yeah. >> steve: and then a bunch of others. >> jimmy: i've just never seen a movie like "casino royale." the first five minutes was just unbelievable. >> steve: yeah. >> jimmy: yeah. it was just -- the most action thing ever. so, "skyfall"'s going to be -- >> steve: i can't wait. have you seen it? >> jimmy: no. >> steve: oh, i cannot wait. [ light laughter ] let's go together. >> jimmy: we should go. >> steve: yeah. >> jimmy: yeah, we'll go in the future, when it comes out. >> steve: yeah, we'll go -- [ light laughter ] i'll bring red vines. >> jimmy: did you watch the debate last night? i didn't hear from you. >> steve: yes, i did. >> jimmy: what did you think? >> steve: i thought it was -- you know -- great. >> jimmy: yeah. i thought romney did a pretty good job. >> steve: oh, i think -- yeah, i think it was -- >> jimmy: i think the thing everyone's talking about is jim lehrer. he just like -- he's the moderator. i think, like, he had no control ov
>> steve: yes. daniel's a close second. >> jimmy: yeah. >> steve: and then a bunch of others. >> jimmy: i've just never seen a movie like "casino royale." the first five minutes was just unbelievable. >> steve: yeah. >> jimmy: yeah. it was just -- the most action thing ever. so, "skyfall"'s going to be -- >> steve: i can't wait. have you seen it? >> jimmy: no. >> steve: oh, i cannot wait. [ light laughter ] let's go...
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Oct 4, 2012
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. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the europe crisis saying it polesed economic downside risk. members were concerned with the upcoming u.s. fiscal cliff and a number of participants highlighted the uncertainty of qe. i talk about members in the first part. those are voters. now participants are the fuller board. as we'll see in a little bit, this fuller board includes hawks but they're not in the voting rotation right now. some of those object as they say qe probably works best under financial market stress, not under the current conditions. it won't help an economy plagued by uncertainty. it could complicate the tightening of policy when it is
. >>> but first, those fed minutes right now with steve leisman. steve? >> brian, thanks very much. these are the minutes from the monumental meeting where the federal reserve decided on open-ended quantitative easing. the minutes show all members but one, the dissenter jeffrey lacker, agreed on quantitative easing. deciding without additional qe, the labor market would not improve given the underlying economic fundamentals. among the reasons for the decision, they looked at the...
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nbc's steve handelsman joins us live from the arena with the story. steve? >> reporter: thanks, good evening. i can tell you this, the guy who's going to run this debate for all of us to learn from, you won't hear that guy call this a rumble in the rockies, mark jim lehrer will order those in the audience not to boo or his or clap. we, americans, can concentrate on what these candidates have to say. more than 60 million americans could watch tonight's debate. >> i've made up my mind, but i'd still like to see both of the candidates sweat a little bit. >> reporter: president obama looked relaxed this week. mitt romney, too. but he knows he has to change perceptions tonight. more voters now see romney negatively than see him positively. and that loses elections. >>. >> reporter: in virginia, romney's down by just two. with a lot on the line in past debates, romney has done well. >> going against romney is not a fun thing. he has the facts. he drills you, stays, tenacious. >> reporter: and sometimes aggressive. >> the idea that i'm anti-immigrant is repulsive.
nbc's steve handelsman joins us live from the arena with the story. steve? >> reporter: thanks, good evening. i can tell you this, the guy who's going to run this debate for all of us to learn from, you won't hear that guy call this a rumble in the rockies, mark jim lehrer will order those in the audience not to boo or his or clap. we, americans, can concentrate on what these candidates have to say. more than 60 million americans could watch tonight's debate. >> i've made up my...